Finedale Foods acquires historic George Adams 1910 brand

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Finedale Foods has acquired the intellectual property of the George Adams 1910 meat products brand, following its collapse in January and the closure of its Lincolnshire manufacturing site. Production will resume at Finedale’s facility in Norfolk in the coming weeks.

The acquisition includes the brand’s trademark, recipes, and other non-physical assets. George Adams 1910, known for its pies, sausage rolls, and Scotch eggs, supplied the retail and food service sectors across the UK.

Finedale Foods, which also owns the Frank Dale Foodservice and Deli Santé brands, sees the acquisition as a strategic fit that expands its production capabilities. The company specialises in ready-to-eat pastry and meat products, serving private labels and its brands.

The George Adams 1910 range will now be produced at Finedale’s BRC-accredited site in Norfolk. The company aims to build on the brand’s 113-year heritage.

AstraZeneca opens Lincolnshire biogas plant to power UK operations

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AstraZeneca and renewable energy firm Future Biogas have launched a biogas plant in Gonerby Moor, Lincolnshire, to supply renewable energy for the pharmaceutical company’s UK operations.

The Moor Bioenergy plant will generate 100 gigawatt hours of biomethane annually, meeting the heating needs of more than 8,000 homes. By the end of 2024, AstraZeneca aims to power all its UK research and manufacturing facilities with clean energy, reducing its reliance on fossil fuels. The company expects the plant to offset 18,000 tonnes of CO emissions per year, equivalent to 20% of its total global gas consumption.

Unlike some renewable energy projects, the plant was developed without government subsidies. AstraZeneca says the investment aligns with its broader goal of achieving 100% renewable energy across all global operations by the end of this year and reaching net-zero emissions by 2045.

AstraZeneca shares rose 0.24% to 11,910p on Thursday, reflecting a 15% increase over the past year.

UK firms maintain diversity goals despite US policy shift

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According to Employment Rights Minister Justin Madders, UK businesses are expected to continue supporting diversity and inclusion initiatives despite US companies scaling back similar efforts.

Madders stated that British firms have their “own approach” to equality and are unlikely to follow the US trend, where companies like Google, Meta, Amazon, and McDonald’s have rolled back diversity programmes. The shift in the US came after Donald Trump’s election victory and executive orders that eliminated federal diversity, equity, and inclusion (DEI) policies.

In contrast, UK firms such as Deloitte and Barclays reaffirmed their commitment to diversity. Apple shareholders also rejected a proposal that aligned with Trump’s stance on workplace DEI initiatives.

Meanwhile, the UK government has introduced an Employment Rights Bill to enhance worker protections, including for pregnant employees and new mothers, while making flexible work the default. However, new hires will face a nine-month probation before gaining unfair dismissal protections, addressing business concerns over “day 1” employment rights.

Boston stores shut down over criminal activity

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Three retail businesses in Boston—Sky Store (34 High Street), Bode (92 High Street), and Boston Food Store (10 Red Lion Street)—have been issued Closure Orders following evidence of criminal activity. The orders, granted by Boston Magistrates’ Court on February 25, fall under Section 80 of the Anti-Social Behaviour, Crime and Policing Act 2014 and will remain in effect for three months.

During this period, access to the premises is restricted to utility workers, postal services, and emergency personnel. Authorities have warned that any unauthorized entry could result in fines or imprisonment.

Lincolnshire Police and Trading Standards gathered intelligence through community reports and proactive enforcement efforts. Further extensions may be sought if criminal activity is expected to continue. Officials are also working with landlords to establish long-term solutions, with potential investigations into those receiving rent from illicit operations.

Authorities urge the public to report any breaches of the Closure Orders, which are in place until May 24, 2025.

Chesterfield businesses face higher costs as council raises taxes and fees

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Chesterfield Borough Council has approved a 2.99% council tax hike and new fees that will impact local businesses.

The tax increase, along with a 2.7% rise in rents, follows a £4 million budget shortfall. Businesses will see higher costs through increased charges for town centre parking, waste collection, and venue rentals. The council is also cutting support for public advice services and closing the Visitor Information Centre.

Officials warn of continued financial challenges, with potential further hikes in 2026-27 if government funding remains uncertain. Businesses reliant on council services should prepare for rising expenses.

Peak District campsite to build events barn after fire

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Hartington Hills, a Peak District campsite, has received planning approval to construct a new events barn following a fire in June 2024 that destroyed key infrastructure and a holiday cottage.

The approved plans allow the new barn to host events and workshops, a long-term goal for the business. Construction has begun on critical infrastructure, including heating and water systems, with the complete build set for completion by spring 2026. The first workshops and events are expected to occur in the summer.

Hartington Hills, established in 2011 and located near Buxton, plans to collaborate with local artisans, educators, and businesses to develop event programming.

EU revises green rules to ease business burden

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The European Union is adjusting its environmental regulations to reduce business compliance costs while maintaining its commitment to decarbonisation. The move follows pressure from industry leaders and major economies like France and Germany, which have raised concerns over high energy costs and regulatory burdens.

The European Commission introduced a “Clean Industrial Deal” to cut red tape, lower electricity taxes, and refine corporate sustainability reporting requirements. Under the proposed changes, large companies would report on supply chain impacts every five years instead of annually, and the reporting threshold would increase from firms with 250 employees to those with over 1,000.

Despite the adjustments, the EU reaffirmed its goal of carbon neutrality by 2050 and its target to reduce greenhouse gas emissions by 55% by 2030. However, the revisions face opposition from environmental groups and some lawmakers, who argue that scaling back regulations could undermine sustainability efforts. The proposals require approval from EU member states and the European Parliament.

Pinelog welcomes new production manager

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Chesterfield-based Pinelog, a manufacturer of luxury timber lodges, has appointed Darrell Fisher as production manager. Darrell brings 34 years of experience in the holiday homes, lodges, and motorhome sectors to his new role, having previously worked with the Swift Group Ltd, one of the UK’s largest leisure vehicle manufacturers. Beginning his career as an apprentice cabinet maker, Darrell has gained experience across the industry, from hands-on craftsmanship to strategic leadership, culminating in his role as senior production manager at Swift. “The stars aligned at just the right time,” Darrell explained. “I’d been thinking about a change for a while, and when I saw the role and spoke with Craig Morrison, Pinelog’s Operations Director, I knew it was the perfect fit. The scope of the role and the company’s vision for growth made it an easy decision.” Darrell’s scope of work includes overseeing the transition from design to production, driving continuous improvement across manufacturing processes at the company’s Chesterfield site, managing delivery and installation, and ensuring exceptional customer satisfaction. Darrell will assist with Pinelog’s journey to modernise and fine-tune its production processes. “I’m looking to introduce more contemporary techniques, strengthening the production team, and ensuring that Pinelog continues to exceed customer expectations as it grows,” explained Darrell. Nick Grayson, Group Chairman, commented on Darrell’s appointment: “We’re delighted to welcome Darrell to the team. His wealth of experience and process-driven mindset are exactly what we need to take our manufacturing capabilities to the next level. With Darrell onboard, we’re confident that Pinelog will continue to set the standard for luxury timber lodge production in the UK.”

Rolls-Royce reports strong 2024 results whilst “moving with pace and intensity”

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Rolls-Royce has reported “strong 2024 results” as it moves “with pace and intensity.” The Derby manufacturer saw underlying operating profit rise from £1.6bn in 2023 to £2.5bn in 2024, a 57% increase compared to the prior year, which Rolls-Royce notes was driven by its “strategic initiatives,” including commercial optimisation and cost efficiency benefits across the group. The business’s efficiency & simplification programme delivered over £350m of savings by the end of the year, with Rolls-Royce now expecting to deliver benefits of over £500m in 2025, above targets of £400m-£500m in 2027, and two years earlier than planned. The firm also delivered more than £550m of cumulative gross third-party cost savings in 2024 and expects to deliver in excess of £1bn by the end of 2025, helping to offset inflationary pressures. This is also two years earlier than previous targets of £1bn in 2027. For 2025 the company has shared expectations of £2.7bn-£2.9bn underlying operating profit, and has upgraded mid-term targets to include underlying operating profit of £3.6bn-£3.9bn. Tufan Erginbilgic, CEO, said: “Strong 2024 results build on our progress last year, as we transform Rolls-Royce into a high-performing, competitive, resilient, and growing business. All core divisions delivered significantly improved performance, despite a supply chain environment that remains challenging. “We are moving with pace and intensity. Based on our 2025 guidance, we now expect to deliver underlying operating profit and free cash flow within the target ranges set at our Capital Markets Day, two years earlier than planned. “Significantly improved performance and a stronger balance sheet gives us confidence to reinstate shareholder dividends and announce a £1bn share buyback in 2025. “Our upgraded mid-term targets include underlying operating profit of £3.6bn-£3.9bn and free cash flow of £4.2bn-£4.5bn. These mid-term targets are a milestone, not a destination, and we see strong growth prospects beyond the mid-term.”

Peak District National Park Authority approves restructure under unprecedented financial pressures

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The Peak District National Park Authority has approved restructuring proposals driven by a need to reduce costs. The Authority is facing ongoing financial pressures due to a fixed government grant that does not take into account inflation and additional pressures such as the recent increase in Employers National Insurance Contributions, the rise in the minimum wage, the ending of the government’s rate relief scheme, and some external costs rising by as much as 150%. Overall the Authority has faced a real-terms cut of around 50% over the last ten years. The continual squeeze on funding has happened at the same time as those using the National Park have increased and expectations about what the National Park should be delivering for nature, climate and wellbeing are rising. It is only two years since the Authority last had to undertake a restructure programme. Those changes reduced senior management roles by more than half and combined several service areas whilst allowing for an investment in the Authority’s statutory planning function. However, since the last round of changes the Authority has faced unprecedented financial pressures whilst the core government grant remains flat. The changes approved include making efficiencies within important functions such as customer services and communications. There will be a reduction in the size and scope of work in the areas of community engagement, education and wellbeing, although alternative funding opportunities for priority projects are being pursued. With the ongoing support of a philanthropic donor, some transformational changes are also being proposed for the Authority’s Visitor and Cycle Hire Centres to ensure their long-term viability. Phil Mulligan, the Authority’s Chief Executive, said: “We are facing a very challenging financial landscape. The approved structure changes are extremely difficult and upsetting for everyone. “We are cutting or reducing some of our high profile and much valued programmes. None of us wanted to make these decisions but they cannot be avoided unless there is significantly better news from government on our funding.” The Authority has confirmed it is likely there will be a number of redundancies, which have been mitigated as much as possible through the consideration of voluntary redundancies. The restructure will enable Authority Members to agree next year’s budget at their meeting on 21 March.